Small businesses are showing resiliency
Latest news, left, Subscriber content, Tri-County EconomyEven as the Federal Reserve continues to hike interest rates, the fallout from Silicon Valley Bank looms and inflation puts pressures on every market, most small business owners across the country — and the region — remain “optimistic,” a study published by Bank of America on April 27 found. According to the report, about 72% Read More →
Mercado: Ventura County’s growing biotech presence on full display
Economy, Health Care & Life Science, Latest news, middle, Subscriber content, Technology, Tri-County Economy, Ventura CountyThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Biotech Corridor event focuses on industry challenges
Health Care & Life Science, Latest news, left, Subscriber content, TechnologyThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Cognixion’s flagship product receives FDA breakthrough designation
Latest news, Subscriber content, Technology, Top Stories, Top StorySanta Barbara-based Cognixion has received a Breakthrough Device designation from the U.S. Food and Drug Administration, the company announced on May 4, paving the way to get its artificial intelligence-powered neural interface to the market faster. Cognixion was founded in 2014 by Andreas Forsland, under the name Smartstone at the time. With the designation, Cognixion Read More →
First Republic Bank is operational after seizure and sale to JPMorgan Chase
Banking & Finance, Banking Industry, Economy, Latest news, middle, Tri-County EconomyFirst Republic Bank branches across the country, including the only one in the tri-county region located on Santa Barbara’s State Street, were fully open and operational on May 1 after regulators seized and promptly sold the bank to JPMorgan Chase the same day to avoid any further fallout. The First Republic Bank failure is the Read More →
Amgen’s revenue dips in the first quarter, still beats earnings estimates
Earnings, Latest news, middle, Technology, Tri-County Public CompaniesThousand Oaks-based Amgen delivered a sound earnings beat in the first quarter of 2023, the company announced after the markets closed on April 27. Amgen, one of the largest biotechnology companies in the world, generated net income worth $2.8 billion in the first quarter or $5.28 earnings per share. This nearly doubled last year’s first-quarter Read More →
Aptitude receives $54 million for diagnostic platform
Latest news, Technology, Top Stories, Top StoryCOVID is transitioning from a pandemic state to an endemic one and as a result, life is returning more and more back to normal. Businesses are open, gatherings are no longer discouraged and people can enjoy many of the activities they enjoyed before 2020. But while it may not be a pandemic anymore, tracking COVID Read More →
